Wyndham Hotels & Resorts $WH Shares Sold by Swiss National Bank

Swiss National Bank lowered its holdings in Wyndham Hotels & Resorts (NYSE:WH) by 1.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 148,000 shares of the company’s stock after selling 2,800 shares during the quarter. Swiss National Bank owned 0.19% of Wyndham Hotels & Resorts worth $12,019,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Nuveen LLC acquired a new stake in shares of Wyndham Hotels & Resorts during the 1st quarter worth about $70,353,000. Samlyn Capital LLC boosted its stake in Wyndham Hotels & Resorts by 144.7% during the first quarter. Samlyn Capital LLC now owns 661,554 shares of the company’s stock worth $59,877,000 after buying an additional 391,181 shares during the period. Boston Partners increased its position in shares of Wyndham Hotels & Resorts by 8.7% during the second quarter. Boston Partners now owns 3,117,752 shares of the company’s stock valued at $253,424,000 after acquiring an additional 248,909 shares during the last quarter. Long Pond Capital LP acquired a new stake in shares of Wyndham Hotels & Resorts during the first quarter valued at about $21,103,000. Finally, TimesSquare Capital Management LLC raised its stake in shares of Wyndham Hotels & Resorts by 36.1% in the 2nd quarter. TimesSquare Capital Management LLC now owns 864,293 shares of the company’s stock valued at $70,189,000 after acquiring an additional 229,173 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

WH has been the subject of a number of research analyst reports. Stifel Nicolaus lowered their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research report on Thursday, October 23rd. Truist Financial set a $98.00 price target on Wyndham Hotels & Resorts in a research report on Friday, October 24th. Robert W. Baird dropped their price objective on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating for the company in a research note on Tuesday, October 28th. Barclays cut their price objective on Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Monday. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $96.77.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $73.93 on Friday. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 1.93 and a beta of 0.89. The stock’s 50-day moving average is $76.28 and its two-hundred day moving average is $82.20. Wyndham Hotels & Resorts has a 1-year low of $69.21 and a 1-year high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The business had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. During the same quarter last year, the business posted $1.39 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th will be given a $0.41 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s dividend payout ratio is currently 37.70%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, General Counsel Paul F. Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, November 14th. The shares were sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the completion of the sale, the general counsel directly owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. The trade was a 48.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.